"The Asteroid Files are an archive of my detailed, real-time accounts as a cryptocurrency trader. I am not one for posting frequently, but a friend told me to do a fun little series on how I trade, what I trade and why I trade. Maybe this could turn into something fun. Maybe not.
Either way, I'm going to enjoy myself and tie in some fun science fictiony type of stuff with my daily trading endeavors.
Hopefully I can either bring some direct value via entertainment or my sheer trading awesomeness. Regardless, anything you read in my files are not to be taken as financial advice, as that would be wildly irresponsible.
Invest at your own risk and seek help if you are not experienced. My posts are for entertainment purposes only, especially considering that the title of this series is about asteroids which has absolutely nothing to do with trading... or does it?"
Asteroids Portfolio Snapshot:
Always Be at the Ready:
Always being at the ready is something I like to say in my trading endeavors. I think it's important to live in the moment, but I think it's also absolutely vital to plan ahead and do things in accordance to a greater plan.
The people who don't have a larger plan set aside are the ones who will never realize their dreams..
They are the ones who have great aspirations of doing massive things with their lives, but when the going gets tough, they give up.
Similary, as a trader and investor, you need to always be willing to go the extra mile.
Some nights, you may be up for hours and hours on end researching a new position and thinking about your next move.
Take today's chart as an example.
I am planning a position in BLK (Blackrock) in the near future.
This is a dividend stock that I see with massive potential as the world's financial industry grows and these countries and large corporations need places to shelter their capital and earn some sort of return from the funds and services provided by BLK.
There is massive upside here in terms of picking a long-term dividend growth stock with great potential in a growing industry!